retail

The business activity of selling goods directly to consumers, typically in small quantities, for their personal use or consumption, rather than for resale. This term encompasses the entire process and environment where such sales occur.

• The retail sector is facing significant changes due to e-commerce. — The industry that sells products directly to consumers is undergoing major shifts.
• She has worked in retail for over ten years, managing various shops. — Her career involves selling goods directly to customers for more than a decade.
• During the holiday season, many businesses experience a boom in retail. — The business of selling directly to the public sees increased activity during the holidays.

To sell goods directly to the ultimate consumer, for their personal use, rather than to a wholesaler or another business for further distribution.

• This new smartphone will retail for approximately $999. — This new smartphone will be sold directly to consumers for around $999.
• The company decided to retail its products exclusively through its own website. — The company chose to sell its products directly to customers only via its website.
• Most electronics stores retail a wide range of devices. — Most electronics shops sell a broad variety of devices directly to the public.

Relating to the sale of goods directly to consumers for their personal use, typically in shops or online.

• The retail price of the new book is $25. — The price at which the new book is sold directly to the consumer is $25.
• The company held a large retail event to clear out old stock. — The company organized a major sales event for the public to sell off old inventory.
• Our marketing strategy focuses heavily on retail customers. — Our marketing plan primarily targets individual consumers who buy directly from us.